yeah that's a little too expensive for a plastic modelgun. most of their 1911s cost between $1500~$2100 new. even used like $800~$1500. but B.W.C GM7 modelguns(latest ones) also cost like $700~$2100. (btw their new GM7 1911 models are M45A1, XSE and Springfield Loaded)
The model in the vid and all other elan 1911s are Elan base haha. but close to CAW.
I believe Elan 1911 is a little based on the real 1911. they have got real 1911s overseas. and because of that, a lot of real steel parts could be compatible just like the CAW 1911s...
probably the closest 1911 model gun including finish and weight.